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If the assets of a business increased $129,000 during a period of time and its liabilities increased $87,000 during the same period, equity in the

If the assets of a business increased $129,000 during a period of time and its liabilities increased $87,000 during the same period, equity in the business must have:

  • Increased $129,000.

  • Increased $42,000.

  • Decreased $216,000.

  • Decreased $42,000.

  • Increased $216,000.

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